November 23, 2015 Laurence Arnold Richard Russell, who shared his technical analysis with subscribers through the influential Dow Theory Letters since 1958, has died. He was 91. He died Nov. 21 at his home in La Jolla, California, his family said in a message to subscribers on the publication’s website. He had entered a hospital a week earlier and was diagnosed with blood clots in his leg and lungs “and other untreatable ailments,” his family said. He returned home under hospice care. An adherent of the investing principles of Charles Dow, founder of the Wall Street Journal, Russell published his newsletter continuously from 1958, never missing an issue in more than half a century. In his last column, published Nov. 16, Russell wrote: “I read 10 newspapers a day, but the news is getting increasingly difficult to digest down to something understandable, and the vast array of news sources becomes … Continue reading
By Marc Howe
Veteran precious metals expert Richard Russell says recent trends in silver stocks presage a major price surge in the neglected precious metal.
According to King World News, Russell says he has been so busy lamenting lagging gold stocks of late that he failed to provide sufficient attention to silver stocks, which have been leaping ahead after selling for “prices that were cheaper than dirt.”
Silver stocks logging impressive gains since September include Coeur D Alene Mines (NYSE:CDE), Silver Wheaton Corporation (NYSE:SLW) and Hecla Mining (NYSE:HL).
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